Veralto Balance Sheet Health
Financial Health criteria checks 3/6
Veralto has a total shareholder equity of $1.5B and total debt of $2.6B, which brings its debt-to-equity ratio to 175.9%. Its total assets and total liabilities are $5.7B and $4.2B respectively. Veralto's EBIT is $1.2B making its interest coverage ratio 19.9. It has cash and short-term investments of $827.0M.
Key information
175.9%
Debt to equity ratio
US$2.62b
Debt
Interest coverage ratio | 19.9x |
Cash | US$827.00m |
Equity | US$1.49b |
Total liabilities | US$4.22b |
Total assets | US$5.71b |
Recent financial health updates
Recent updates
Veralto (NYSE:VLTO) Seems To Use Debt Quite Sensibly
Apr 18Veralto: A Solid Start Since The Spin-Off
Apr 09Some Confidence Is Lacking In Veralto Corporation's (NYSE:VLTO) P/S
Jan 26Veralto: Some Useful Qualities, But Not Compelling Enough At These Levels
Jan 11Veralto: A Soft Receipt For This Spinoff
Oct 26Financial Position Analysis
Short Term Liabilities: VLTO's short term assets ($2.1B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: VLTO's short term assets ($2.1B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: VLTO's net debt to equity ratio (120.4%) is considered high.
Reducing Debt: Insufficient data to determine if VLTO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VLTO's debt is well covered by operating cash flow (35.2%).
Interest Coverage: VLTO's interest payments on its debt are well covered by EBIT (19.9x coverage).